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This topic in Breaking News is about CBO widens budget deficit view.

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Old Jan 27, 2006, 10:37 am   #1 (permalink) (top)
bishop
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CBO widens budget deficit view

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Quote:
Congressional Budget Office projects fiscal 2006 gap of $337 billion; doesn't include extra funds for war.
January 26, 2006: 10:01 AM EST

WASHINGTON (Reuters) - The U.S. budget deficit will hit $337 billion this year, the Congressional Budget Office said Thursday, according to a source familiar with the forecast.

The forecast does not include a potential $80 billion to $100 billion in additional funds the Bush administration might request to finance the wars in Iraq and Afghanistan, or more money that likely will be needed this year for Gulf Coast hurricane rebuilding.

The new deficit estimate for fiscal 2006 is up from CBO's August forecast of $314 billion and up from the actual fiscal 2005 deficit of $318.62 billion.

looks like we're all set to have another record breaking deficit this year..


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Old Jan 27, 2006, 10:59 am   #2 (permalink) (top)
jose
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how much is the total deficet now?
http://www.brillig.com/debt_clock/

Last edited by jose; Jan 27, 2006 at 11:05 am.
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Old Jan 27, 2006, 11:13 am   #3 (permalink) (top)
bishop
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stop me if you heard this one already....

http://www.bloomberg.com/apps/news?p...HkxwY&refer=us

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Bush Seeking to Limit Spending Growth in '07 Budget
$413 billion is the current record, held by our pride and joy - bush almighty.. he won't even have to try and this year's deficit will beat that record.

his call to limit spending growth is going to come off pretty unsavory during an election cycle.. the last thing bush would want would be to lose control of congress, effectively neutering that retarded dog.


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Old Jan 27, 2006, 01:52 pm   #4 (permalink) (top)
brien
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Quote:
Quote by: bishop
article




looks like we're all set to have another record breaking deficit this year..
The WHORES!!!!!!!!!!!! They will probably eventually end up doing what Hitler did in the 30's. Declare all government obligations invalid, null and void, and rip everyone off. They won't possibly be able to meet their obligations if this continues on the way it is going. It will bankrupt the taxpayers and the bottom will fall out.

These drunken sailors need to walk the plank!


Brien the Iceberg

If you tell the truth you don't have to remember anything. M.T.
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Old Jan 27, 2006, 02:01 pm   #5 (permalink) (top)
RickSp
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Don't you know that we are at war? How dare you give aid and comfort to our enemies by pointing out the budget deficit! Traitor!

What we need to do is to unite around our president. Bush has the answer - more tax cuts for the wealthy. Solves all problems. Now shut-up!


Rick

"When fascism comes to America, it will be wrapped in the flag and carrying a cross." Sinclair Lewis
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Old Jan 27, 2006, 02:02 pm   #6 (permalink) (top)
Boetie
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Its all intentional. The reason the future generation is going to be burdened with paying off something they didn't ask for is because the current administration is purposefully driving the deficit as far as it will go so they can use the deficit as an excuse to go after any and all that has been put into place by those people ie the people at the turn of the century 1900. Those people back in the 1900's are the ones responsible for changing the course of our country because the way things were going back then sucked.

The current administration wants to turn this country back to the days when it sucked. They are doing a good job of it because as things are going now it sucks.

The future generation dump all your deficits on them. Sounds responsible, pure responsible. :rolleyes:

Last edited by Boetie; Jan 27, 2006 at 02:04 pm.
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Old Jan 27, 2006, 02:31 pm   #7 (permalink) (top)
Osborn F Enready
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Blame what is at fault Boetie, both extremes. Extreme federalists and extreme nanny-staters, playing who can piss furthest with a BI-PARTISAN MONOPOLY ON POWER!

They are equals, and partners in crimes against the people. The sad thing is, you are STILL paying them for it, everyday, in everyway.

Civillized Slaves.....


Petition of Redress of Grievances:
http://www.givemeliberty.org/default.htm

Canadian Lawsuit Against Their National Banks:
http://www.freewebs.com/classaction/


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